Mboweni instructs Treasury to find ways to fund the SABC: Report - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Mboweni instructs Treasury to find ways to fund the SABC: Report

Mboweni said the DG must come up with a plan of how they are going to assist the SABC within the prescribed government budgeting.has reportedly instructed Treasury Director-General Dondo Mogajane to look at ways of funding the South African Broadcasting Corporation using cash from the contingency reserve.

Mboweni is reported to have declined to give the cash-strapped public broadcaster a much-needed government guarantee. News website, Times Live reports that Mboweni relayed his decision in a letter to Communications Minister Stella Ndabeni-Abrahams in late June. Mboweni reportedly cites government’s fiscal constraints, concerns over the SABC’s financial viability, including its salary bill as the reason for not giving the guarantee.Mboweni said the DG must come up with a plan of how they are going to assist the SABC within the prescribed government budgeting.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

sherwiebp Increase in vat coming up

Yes tax the people just more that's your solution to all your money problems.

Mixed messages from govt

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'No government guarantee to bail out cash-strapped SABC': MboweniFinance minister Tito Mboweni declined to give the cash-strapped SABC a much-needed government guarantee in order for the public broadcaster to stay on air. SABCNewsOnline workers voted for MYANC It must help the public broadcaster. Stellarated
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Mboweni and Makhura battle it out on Twitter - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Mboweni and Makhura battle it out on Twitter There has been a public exchange of words between the Gauteng local government and the Finance Minister, Tito Mboweni.
Source: SABC News Online - 🏆 32. / 51 Read more »

Makhura, Mboweni Twitter spat “unbecoming of their high offices”: Ramaphosa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa has reacted to the Twitter dispute on Gauteng e-tolls by saying he wants the issue solved and has mandated Transport Minister Fikile Mbalula to work with Finance Minister Tito Mboweni and Gauteng Premier David Makhura.
Source: SABC News Online - 🏆 32. / 51 Read more »

ANC concerned about Makhura, Mboweni public spat - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The ANC has expressed concern about the public spat on Twitter, between Finance Minister Tito Mboweni and Gauteng Premier David Makhura on e-tolls. Khuzani u Mboweni ngoba akazi ukuthi sidibana nani ku door to door DjNewSouthAfric And not these? 😧😧 We know who cooked it.
Source: SABC News Online - 🏆 32. / 51 Read more »

Cosatu demands action against Mboweni following e-toll Twitter spat - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Cosatu is demanding action be taken against Finance Minister Tito Mboweni following comments he made on Twitter regarding e-tolls. Mnxm, wht is COSATU diz days!!🤷🏾‍♂️ Nonsense, he is a minister, they are nobody, they dont even represent the workers, they have time to spend for useless twitts. Cosatu is growing crazy.Tito is totally correct,the e-tolls have to be paid for somehow because we signed agreements as a country.
Source: SABC News Online - 🏆 32. / 51 Read more »